PwC's Nally on CEOs' Caution and a Skills Mismatch

1/22/2013 2:48PM

Dennis Nally, chairman of PriceWaterhouseCoopers International, talks with Neal Lipschutz about the results of PwC's annual global CEO survey released on the site of the World Economic Forum annual meeting in Davos. Photo: AP

This transcript has been automatically generated and may not be 100% accurate.

I ... I ... on the lips of this ... year and although Switzerland in the outskirts of the World ... economic Forum annual meeting ... with Dennis now he was chairman of PricewaterhouseCoopers ... International ... and ... you just ... released your elitist ... global CEO survey ... new found that CEOs were pessimistic ... this survey and they were last year ... this certainly isn't she has been your experience that the CEOs from an ... overly pessimistic result of the year ... it was better than they thought they would at the store ... all you know actually iam I think I think the trend seems is the exact opposite than ... last ... years CEO easy to read it ... and predicting ... it will fare in the next twelve months is probably ... easier to ... grasp and on ... looking at the twelve months was on patrol ... we found that CEOs generally are more optimistic ... longer term ... they are they are showing here and so ... I think it's a pretty realistic missiles ... the view that ... many CEOs in the global economy is not ... appreciably change ... in two thousand and thirteen and its impact ... confidence levels ... you know their prospects ... and I just think that with all the ... uncertainties that are out there ... I think that's what's ... really driving global competition increases are switching to us quickly ... wanted to seal still you in your firm is the biggest issue the biggest obstacle that they foresee in twenty thirteen ... lack of certainty ... so ... it's it's inspired primarily governmental terms of policies in terms of dealing with ... regulation in terms of dealing with the deficit ... it's the tax issue that our dear to ... me ... in so you know with CEOs and so ... all we want most under the rules of the day ... you know if you give me clarity ... I can decide how ... to run the business for I wanna make an announcement ... one-on-one and resources ... so I think is their lack of clarity lack of certainty ... around some really big issues that I think it was this ... is there ... are clearly Wall Spitzer ... you're still talk to a survey by the perception of CEOs around the world ... of Libor mismatch not one that people ... find to meet the skills ... that they require to speak briefly about what the CEOs of telling ... her basically you know you would think that with my Mobile's of unemployment ... you have no problem at all finding attracting and ... retaining ... talent to really ... you drive your strategies and led to the opposite Thomas is one of the biggest impediments to growth ... is not can mean an awful right now on the right places ... around the world and so it really does point to ... Pakistan's like the competencies ... add to that really is fundamental to ... sustainable growth the longer term standpoint the biggest issues were talking about ... your troubles ... clearly an issue that I think really needs to be addressed ... only by his is a buy ... educational institutions as well as governments ... on sixteen points ... I feel really is one of the really long term issues ... that could affect ... this and we thank you Brian